Sunday, February 26, 2012
Here's the drama around why they seem so unpredictable.
An analyst that has kept tabs on the oil industry for 30 years says the turmoil in the oil-producing countries is to blame for the fluctuation in prices we're seeing at the gas pump here. And things are getting pretty dicey. Between Sudan, Iran, Syria, Venezuela, Yemen, Libya, and Iraq -- James Williams, owner of Arkansas-based WTRG Economics, told the Journal Sentinel things are a mess. "I would say in terms of overall geopolitical risk of a major supply interruption with limited spare capacity to handle it, this is the worst of times. This is the most extreme," Williams said. Click here to read more on JSOnline.com.
Monday, June 13, 2011
For those commuting... you may cheer loudly now.
Monday, June 13, 2011
For those of you in serious financial pain because of high gas prices, your pocketbook may look a little fatter. So that's the good news. But the reason for the good news is bad news.... Confused? Daily Finance has the story: Bad News Sends Gas Prices Racing Downward
Sunday, June 12, 2011
A gallon of gas costs less than it did a few months ago, but is still much more than a year ago. Read more about how this is affecting consumers.
Gas prices continue to hover around $4 a gallon as we move into the high driving summer season. Wondering what's going on? Here's what some have to say about what the prices mean, and what should happen enxt: Sustained higher prices=higher "acceptable" per gallon price Consumers are getting used to higher gas prices, MarketWatch reports, and are "juggling their driving and their budgets to accommodate the changes." BIGresearch, a market research firm that surveys customers found shoppers change their behavior when gas tops $2.85 per gallon, MarketWatch reports. And Kelley Blue Book said consumers' acceptable range for gas is $3.09 to $3.44 per gallon, according to the MarketWatch article. Once gas prices hit $4 per gallon, MarketWatch …
Saturday, June 11, 2011
Gas prices remain high; how is that affecting your household?
Tourism officials think higher gas prices are keeping people closer to home this summer, which translates to better profits for the state's tourism industry, and McDonald's is blaming gas prices for a May sales slump. What's changed in your house because of gas prices? Staying close to home helps the state tourism industry State tourism officials think high gas prices could boost the state's tourism revenue by keeping people close to home, reports the Chippewa Herald. "Most people in our target markets can get to any point in Wisconsin on a tank of gas or less," Dave Fantle, Wisconsin's deputy secretary of tourism, told the Chippewa Herald. "It's accessible, and once you get here … most amenities are what we would call affordable." The …
Friday, June 10, 2011
Web and mobile tools help users find the cheapest gas prices.
With gas prices scraping $4 a gallon, there's a certain pleasure in finding that one local gas station that's selling unleaded for a nickel cheaper than nearby competitors. Yeah, that doesn't even add up to a $1 saving for most vehicles, but it's the principal! So, in pursuit of this silver lining on the high-priced gas clouds, here's a collection of websites and apps to guide you to (slightly) less-expensive pumps: Wisconsin Gas Prices - The standard for tracking local gas prices. Mapquest Gas Prices - Nifty mapping program with local prices. Fox 6 Gas Tracker - Another well-done mapping site. AAA – Fuel Gauge Report - A national look at gas prices Mobile Apps App Advice - Breaks down several market-leading gas price tracker apps …
Tuesday, March 1, 2011
Caledonia-area prices shoot up 20 cents in one week
Gas station manager Dave Smith really, really hopes that gas prices don't go over $4/gallon. Because the last time that happened -- back in the summer of 2008-- it was pretty horrible. "People yelled at me, people got mean," he said as he stood behind the counter at his new job at Sai-Mart 6, 13600 7 Mile Rd., Caledonia. "One time a customer was swearing at me as I was outside changing the price." With gas prices going up every day and no way to know when unrest in the Middle East will stop, it’s certainly possible that we could see $4 gas this year. In the past month, gas prices in the greater Milwaukee area have gone from $3.07 to $3.36, with 20 cents of that increase coming in just the last week, according to AAA’s FuelGaugeReport.com. …